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Dec 9, 2012
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[applause] >> thank you, steve. i would like to thank the secretary for his kind comments and i think it's important to note in addition to our united states senators, we are joined by the entire colorado delegation. our members of congress, diana degette, jared polis, cory gardner and congressman perlmutter. i had the great privilege to be with our former senator in the shadow of the rocky mountains where this tree once stood and we now have the high privilege of standing in the shadow of the capitol of the united states of america to be able to celebrate this season. when we went to carve that tree, we were joined there by members of the ute tribes. they are inherent to our area. the people of the ute tribes, they have a word that things are good -- to make sure that all is good. native american culture, it's about wind, about the sky, the land, and water. and from that, growth and life comes. this tree, which will represent the spirit of the state of colorado and indeed our nation speaks also to the importance as
[applause] >> thank you, steve. i would like to thank the secretary for his kind comments and i think it's important to note in addition to our united states senators, we are joined by the entire colorado delegation. our members of congress, diana degette, jared polis, cory gardner and congressman perlmutter. i had the great privilege to be with our former senator in the shadow of the rocky mountains where this tree once stood and we now have the high privilege of standing in the shadow...
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Dec 6, 2012
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bill says -- and biff -- and steve says -- and finally, jim says -- robert, north carolina, the republican line. caller: after this term of four years with the democrats, i don't think she has a chance. i am a business owner. four more years of this, i will be out of business. host: what kind of business do you have? caller: bulldozer's. host: how has business been over the last couple of years? caller: bad. i am barely staying in business. i do not know what to look forward to. i can hardly stay in business. the democrats in this country i think is wanting to kill us. business people, i cannot stand much more of it. host: robert on the republican line. linda is in texas. caller: i am just thrilled with the idea then. the only thing i would be more thrilled about is obama for a third term. host: but that is not constitutional. caller: a good president with a good philosophy for this country. what the role of government is, he is the right person at the right time to get this country hope and unity once again. that man who just got off the phone does not even realize he is voting against hi
bill says -- and biff -- and steve says -- and finally, jim says -- robert, north carolina, the republican line. caller: after this term of four years with the democrats, i don't think she has a chance. i am a business owner. four more years of this, i will be out of business. host: what kind of business do you have? caller: bulldozer's. host: how has business been over the last couple of years? caller: bad. i am barely staying in business. i do not know what to look forward to. i can hardly...
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Dec 8, 2012
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i'll leave you with one quote and i invite steve to approach the post. there have been many predictions of science labor shortages said the editor of the online magazine science careers and yet it seems awfulfully hard for people to find a job. anyone who goes into science expecting employers to clam more for their services will be deeply disappointed. >> well, i do talk to the "washington post." they don't necessarily always listen. i don't recall seeing that particular article but i can make a couple of points which first of all, there are on thes of jobs and we talk to most companies and they are sbralt for people with engineering degrees and there is a problem there in every industry. and ultimately it comes down to startups. people talk about business in the private sector like it's one thing. there is a small business sector and there are a lot of jobs created by that sector. there is a big business sector and a lot of jobs. there but the growth in jobs and the eleven fladge terms of invasion are these young growth companies and they do require ski
i'll leave you with one quote and i invite steve to approach the post. there have been many predictions of science labor shortages said the editor of the online magazine science careers and yet it seems awfulfully hard for people to find a job. anyone who goes into science expecting employers to clam more for their services will be deeply disappointed. >> well, i do talk to the "washington post." they don't necessarily always listen. i don't recall seeing that particular article...
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Dec 9, 2012
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caller: good morning, steve and mona. it's time to stop carrying the water for the white house. with the rebels in damascus, isn't it too late? if you try chemical weapons in his own city, it's going to be worse for him, don't you think? host: is referring to a story that is on politico.com in what a lot of reporters are talking about the inauguration. guest: it's important to underscore the likelihood of assaad using chemical weapons may be quite low because it would, in fact, essentially be a suicide mission given the response it would detract from the international community. that being said, given the arsenal he has a and concerns about chaos in the country, it is a contingency that needs to be planned for. that is why i think we are seeing what we are. president obama's statement, and others after him, were motivated by u.s. intelligence reporting that suggested there was movement and potentially the mixing of precursors of some of these chemical weapons on site. there is concern about what could be happening and whether what they could be preparing. host: off of twitter. g
caller: good morning, steve and mona. it's time to stop carrying the water for the white house. with the rebels in damascus, isn't it too late? if you try chemical weapons in his own city, it's going to be worse for him, don't you think? host: is referring to a story that is on politico.com in what a lot of reporters are talking about the inauguration. guest: it's important to underscore the likelihood of assaad using chemical weapons may be quite low because it would, in fact, essentially be a...
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Dec 8, 2012
12/12
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one of the things that steve has worked on a great deal, and i do not want to take away his thunder, a look at how americans will stay competitive -- if we look at how america will stay competitive -- i hear your phone -- [laughter] the question of whether or not a merkel be able to compete, whether we will be able to make investments, are we -- are we going to be able to have the kind of innovation that creates jobs? north of 80% of the net new jobs made in america in the last 20 years have come from start-ups. where had the talent come from? disproportionately from a first generation americans. we are very lucky particularly in northern virginia, which rivals only the silicon valley in terms of the number of tech- related startups, you look a little deeper, and a 1 1/3 of the tech startups in northern virginia had one of the co- founders or founders as a first generation american. the numbers in the valley are even higher. how do we maintain that? one is talent. i will come back to that in a moment. another piece of this which we think is very complementary and something that steve
one of the things that steve has worked on a great deal, and i do not want to take away his thunder, a look at how americans will stay competitive -- if we look at how america will stay competitive -- i hear your phone -- [laughter] the question of whether or not a merkel be able to compete, whether we will be able to make investments, are we -- are we going to be able to have the kind of innovation that creates jobs? north of 80% of the net new jobs made in america in the last 20 years have...
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Dec 7, 2012
12/12
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i think that the best estimate of this as done by university of chicago economist steve davis and co-authors, where they have this cool new index. it is a very innovative paper. they estimated that debt limit struggle subtracted about 1.5% from g.d.p. growth during that summer when it was happening because of the uncertainty and the inactivity caused by high levels of uncertainty. eve time we go through there, we bear a negative short-run cost. but if that is what it takes to get spending under control, then we have to concede that in the long run there is a benefit that we don't have these massive deficits crowding out long-term growth. the struggle would depending on whether debt reduction buys space for private capital or not. we may have higher economic growth in the long-run because we went through that struggle. >> so your position is we should be ready to go through that struggle again and in fact default on the national debt if necessary in order to enforce spending limits? >> that is of course not my position. my position is we should never default on the national debt. the politics
i think that the best estimate of this as done by university of chicago economist steve davis and co-authors, where they have this cool new index. it is a very innovative paper. they estimated that debt limit struggle subtracted about 1.5% from g.d.p. growth during that summer when it was happening because of the uncertainty and the inactivity caused by high levels of uncertainty. eve time we go through there, we bear a negative short-run cost. but if that is what it takes to get spending under...
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Dec 5, 2012
12/12
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steve in gaithersburg, maryland, a republican caller. caller: host: when did the republican party become the party that restricts poor? i understand the tax cut for the rich is important to some people, but i feel the good thing would be unlimited in of government at the federal level. that has nothing to do with this. that would be more on the spending cuts. host: what do you make of the back a plan being reported by the new york times saying if we cannot come to some sort of deal, we should just passed tax cuts for the middle class americans and then fight later on for spending cuts and increasing taxes for the wealthy? caller: the tax cut for the general population is great. that would be good for stimulating the economy. but the big thing is hit there needs to be a balanced plan. we need more revenue and we need less spending at the federal level. what is good for california is not good for virginia and what's good for virginia is not good for maryland. maybe we need to focus on reducing the federal government overview. been there wo
steve in gaithersburg, maryland, a republican caller. caller: host: when did the republican party become the party that restricts poor? i understand the tax cut for the rich is important to some people, but i feel the good thing would be unlimited in of government at the federal level. that has nothing to do with this. that would be more on the spending cuts. host: what do you make of the back a plan being reported by the new york times saying if we cannot come to some sort of deal, we should...
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Dec 4, 2012
12/12
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[applause] >> thank you, steve. i would like to thank the secretary for his kind comments and i think it's important to note in addition to our united states senators, we are joined by the entire colorado delegation. our members of congress, deeget, pole is and congressman perlmutter. i had the great privilege to be with our former senator in the shadow of the rocky mountains where this tree once stood and we now have the high privilege of standing in the shadow of the capitol of the united states of america to be able to celebrate this season. when we went to carve that tree, we were joined there by members of the ute tribes. they are inherent to our area. the people of the ute tribes, they have a word that things are good -- to make sure that all is good. native american culture, it's about wind, about the sky, the land, and water. and from that, growth and life comes. this tree, which will represent the spirit of the state of colorado and indeed our nation speaks also to the importance as the secretary noted of f
[applause] >> thank you, steve. i would like to thank the secretary for his kind comments and i think it's important to note in addition to our united states senators, we are joined by the entire colorado delegation. our members of congress, deeget, pole is and congressman perlmutter. i had the great privilege to be with our former senator in the shadow of the rocky mountains where this tree once stood and we now have the high privilege of standing in the shadow of the capitol of the...
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Dec 7, 2012
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but since then, we know that president obama and steve [indiscernible] spoke yesterday evening. the fact that neither side is leaking what happened on that call, you might say that they are trying to get back on track. they know that if they leak each other's confrontations, that is not good. there are only two participating really in this negotiation. and if they choose not to leak out that information widely, it is a speculation. >> what is the handle and how quickly could be brought -- what is the end goal and how quickly could be brought up for a vote? >> the goal is a down payment or some kind of thing for revenues, which is enough to get us past the fiscal cliff, turn off these automatic spending cuts and make sure that taxes don't go up. and then they would figure out what to do with the upper bracket. and then there would be a mechanism that would guarantee further action next year. if at all possible, they would disagree next year and there would be some sort of trigger or punishment for their lack of action. that sounds relatively simple, i think, putting it all togeth
but since then, we know that president obama and steve [indiscernible] spoke yesterday evening. the fact that neither side is leaking what happened on that call, you might say that they are trying to get back on track. they know that if they leak each other's confrontations, that is not good. there are only two participating really in this negotiation. and if they choose not to leak out that information widely, it is a speculation. >> what is the handle and how quickly could be brought --...
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Dec 8, 2012
12/12
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>> steve? >> let me step back and put it into context. we're dealing with immigration gets am end and h1b, it little wonky. we should step back and understand why it is central to the future of the nation. it is worth remembering that in the nation was once a startup. a bunch of pioneering people came over on boats and try to build a better world, find a better life. that is number one. no. 2, it is worth mentioning that we did not become the leading economy in the world by accident. it was the work of business people creating companies, and tire industries that really fuelled the american story -- entire industries that really fuelled the american story and let us to the leaders of the free world. it was taking pioneering, innovative business people that really helped build this nation. the pioneers and patriots, thomas jefferson, the connection to uva, many others, there are a lot of facets to the story of america. one really important one is the role of the economy, particularly the role of
>> steve? >> let me step back and put it into context. we're dealing with immigration gets am end and h1b, it little wonky. we should step back and understand why it is central to the future of the nation. it is worth remembering that in the nation was once a startup. a bunch of pioneering people came over on boats and try to build a better world, find a better life. that is number one. no. 2, it is worth mentioning that we did not become the leading economy in the world by...
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Dec 4, 2012
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steve. caller: i happen to be in the minority that thinks it is a good thing because it raises taxes on folks and pays for government programs that have to be paid for, but i am intrigued by the statement from mr. buckley that there will be chaos if the amt is permitted to go forward, or if it is not attached in 2012. what chaos will happen? people will have to pay more taxes. it is not as if people are sitting around tax software anticipating what taxes are going to be. people will be hit with a tax bill that will be calculated, and quite frankly, in a more simplified form been standard tax law. host: professor bob kelly? guest: when i say chaos i am -- professor buckley? >> when i say chaos, i am referring to two things. the irs has done programming based on their being a patch enacted by the end of the year. most tax returns software has made the same calculated gamble. i agree that the government needs revenue. i do not think there is any question of that. if you just say that the amt is
steve. caller: i happen to be in the minority that thinks it is a good thing because it raises taxes on folks and pays for government programs that have to be paid for, but i am intrigued by the statement from mr. buckley that there will be chaos if the amt is permitted to go forward, or if it is not attached in 2012. what chaos will happen? people will have to pay more taxes. it is not as if people are sitting around tax software anticipating what taxes are going to be. people will be hit with...
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Dec 10, 2012
12/12
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host: all right, steve, haymarket, virginia. caller: i used to make $3.5 million per year in gross and it usually only cost me $3.6 million to do it. i paid over $1 million per year in 20 years. you know what happened? i got put out of business by the irs. i do not think people understand what riches. by the way, i kept 35 families supplied with money, health care, and everything. in gratitude, the government put me out of business. the fiscal cliff is something that we need to go over, that way we can enhance our military to special forces and get us some better weaponry. lose the people who are vacationing in all of these foreign countries, limiting the military to doing what it absolutely has to do. host: you are probably the fourth person here who has said we should go over the cliff. the headline from november in "the financial times" was that the fall in consumption would be $200 billion if we go over the cliff. that the u.s. consumer is crucial to growth, they went on to say, because it made up 70% of gdp. some are predic
host: all right, steve, haymarket, virginia. caller: i used to make $3.5 million per year in gross and it usually only cost me $3.6 million to do it. i paid over $1 million per year in 20 years. you know what happened? i got put out of business by the irs. i do not think people understand what riches. by the way, i kept 35 families supplied with money, health care, and everything. in gratitude, the government put me out of business. the fiscal cliff is something that we need to go over, that...
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Dec 4, 2012
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from we're going to hear steve on the republican line. caller: i agree that all the tax cuts and alba -- you know, unless they reduce spending, it is not going to do anything. we need to create more jobs. if we keep taxing the businesses, they should just reform the tax. if a business hires so many amount of people, they will get a deduction if they hire that amount of people. that would work. i am from buffalo. years ago, they had bethlehem steel. we have the wiper place -- i cannot remember the name, but anyway, the state gave them a tax breaks for hiring people. they start hiring people. you have to have income to spend money. the government needs more taxable people. it is like a bank account. if i give you $1 million and your spending $2 million and only taking in half a million dollars, it is not going to balance. host: do you take deductions? caller: i don't take -- make enough money to take them. every time i try to take them, they say, you did not make enough to take that out. host: what do you think of that? caller: like i said,
from we're going to hear steve on the republican line. caller: i agree that all the tax cuts and alba -- you know, unless they reduce spending, it is not going to do anything. we need to create more jobs. if we keep taxing the businesses, they should just reform the tax. if a business hires so many amount of people, they will get a deduction if they hire that amount of people. that would work. i am from buffalo. years ago, they had bethlehem steel. we have the wiper place -- i cannot remember...
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Dec 5, 2012
12/12
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steve forbes has been talking about it for years. rand paul had an article out a year or so ago, flat tax. my friend, mike burgess, has a proposal. many of us have proposals. mine is, look, you talk about want warren buffett to pay what his secretary does, yet you haven't made one proposal that will bring warren buffett to pay what his secretary does. that's crazy. that's why we shouldn't eliminate the word lunatic. it really has application around this town. so if you want to have -- and warren buffett ought to take heed, you run around telling people, yeah, rich people should pay more taxes, well, he's not. he's not going to pay more. not on any of the proposals that the president has run around endorsing. well, how about a flat tax that says 15% capital gains tax, what warren buffett pay, 15% for his secretary, 15% gift tax. let's just go 15% across the board. 15% corporate tax. and the irony is that the economy would so explode, so many more people would be employed, so many more people would be making more money that the revenue
steve forbes has been talking about it for years. rand paul had an article out a year or so ago, flat tax. my friend, mike burgess, has a proposal. many of us have proposals. mine is, look, you talk about want warren buffett to pay what his secretary does, yet you haven't made one proposal that will bring warren buffett to pay what his secretary does. that's crazy. that's why we shouldn't eliminate the word lunatic. it really has application around this town. so if you want to have -- and...